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Miscellaneous Legal Issues

House Passes Stimulus Bill With COBRA Subsidy

January 28, 2009
A federal subsidy to help laid-off workers extend their employer health care passedthe House. The measure includes a provision making employers responsible for extending health coverage permanently to any former employee 55 or older or a former employee who worked for their company for at least 10 years.
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State Street 401(k) Plan Losses Being Probed

January 23, 2009
The firms are looking into whether plan fiduciaries knew or should have known their statements about the company’s financial health were incorrect. The firms say the statements could have contributed to State Street shares being overvalued.
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Merrill Settles Employee Class Action for $75 Million

January 20, 2009
The suit, brought under the Employee Retirement Income Security Act, claimed that Merrill didn’t adequately disclose subprime-related losses that affected its saving and investment plan, its retirement accumulation plan and its employee stock ownership plan.
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TOOL How to Trim Your Workforce

December 31, 2008
An e-book from law firm Foley Hoag, ‘Tips for Planning Reductions in Force,’ is a possible guide for organizations considering layoffs.
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Taleo Facing More Legal Challenges

December 19, 2008
Negative publicity began in November when Taleo said it would not file its Form 10-Q report for the quarter with the Securities and Exchange Commission by the November 10 due date.
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